As Bitcoin continues to trade sideways below the January 8th all-time, Ether is now in the spotlight, as the token broke above $1,600 for the first time in history. In our last weekly crypto analysis, we’ve mentioned that the token’s bias remains tilted towards the upside since the price was
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Grayscale Investments, currently one of the largest investment companies active in the crypto sphere, is showing a willingness to expand its activity after significant progress had been made with its primary trusts in Bitcoin, Ether, Litecoin, and XRP. The firm with $25 billion AUM had recently filed new proposals, looking
Hesitation continues to be the dominant sentiment in the cryptocurrency market now that valuations are correcting lower for the third week in a row. After taking a dive below $30,000, Bitcoin did little to suggest a new wave of buying could be on the horizon. ETH, the second-largest cryptocurrency failed
Based on the latest headlines, Bakkt is another crypto-related company that’s about to go public in 2021, showing that brands in the industry can stand shoulder by shoulder with all the big names already trading on the stock market. After Coinbase filed for its IPO, Bakkt is the second-leading name
Ether (ETH) is playing catch-up with Bitcoin at the beginning of 2021 since its price is up by more than 55% over the past 7 days. The buying frenzy continues and the second-largest crypto, with $130 billion in market cap, is shining, raising expectations for new all-time highs this year.
The last few days of December are some to forget for XRP buyers, considering the aggressive selling that’s currently going on. On December 17th, the token was trading around 65 cents and at the time of writing, it is trading around 31 cents, accounting for a drop of more than
The popular cryptocurrency exchange platform Coinbase is reportedly wanting to become a publicly-listed company, given it had recently filed confidentially for an initial public offering with the US Securities and Exchange Commission. Based in San Francisco, the company is currently among the most reputable exchanges in the world, benefiting from
On December 1st the Ethereum 2.0 implementation had begun with the beacon chain launch and that seems to coincide with a short-term top in the token price, given how it had developed since the beginning of the month. Ether followed the Bitcoin path, which started to weaken after briefly touching
A slim version of the Facebook Libra is expected to be launched in January 2021, according to a recent Financial Times report. The Libra Association, which is the company in charge of issuing and monitoring the cryptocurrency project, will release a digital coin based on the US dollar, signaling some
The US-based cryptocurrency exchange platform Coinbase Pro announced yesterday that margin trading will be halted starting with November 25th, 2020, at 2:00 PST. Although the news was at first regarded as negative by the market, with most of the large tokens retracing from the lows, the situation had gotten better
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